JCPenney showed a profit in its fiscal 2023, but by the third quarter of 2024, it had slipped back into the red. Now new life ...

JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks ...

The new company is looking to get stronger with scale as it leverages complementary strengths that cover key retail areas, ...

JCPenney (JCPNQ) , the once venerable department store chain, is teaming up with Sparc Group, which owns Forever 21 and ...

Sparc Group, the parent company of Forever 21 and Aéropostale, announced it merged with JCPenney to create a new company ...

The new Catalyst Brands has over $9 billion in revenue, 1,800 store locations, 60,000 employees and $1 billion of liquidity.

Matt Gray doesn’t know what he and his business partner, Matthew Boyd, will do with the old JC Penney property yet, but the ...

JCPenney merges with Sparc Group to form Catalyst Brands, combining six brands and boasting $9 billion in revenue.

The department store chain is teaming up with the Sparc Group in an all-equity merger to form Catalyst Brands, the Wall ...

JCPenney has agreed to merge with SPARC Group, which owns brands including Aéropostale, Brooks Brothers, and Lucky Brand. The ...

The department store chain said that the all-equity merger brings its banner and various exclusive private brands under the ...